12/26/2012 Holidays

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I should have stayed in bed this morning after watching the open.  I traded EBAY short which did finally work out but very whippy, I had to take two shots at it but in no way was I going to take a loss today in EBAY.  I also shorted USDJPY as it gaped up huge at the open and is really over bought at this level.  Although I believe I’ll make money on the trade, I did not realize that many banks in Europe are still closed today, the day after Christmas and I would have preferred not to have taken the trade because of the potential volatility.  Next year I’ll know better to look at the financial calender first.  I believe I’m going to take the rest of the week off, early on in my trading career, I’d be trading every day during the Holiday season, but now as a season veteran, there is no need to risk any capital with these light trading volume days.  Next year I’ll just plan ahead to take a break starting Christmas eve until after the 1st of the New Year.  Just to make a note to myself here, Thanksgiving week was pretty good week of trading Monday through Wednesday, take Friday off!  I took the whole week off since I was cooking, but I think next year I’ll trade at least the mornings Monday-Wednesday.        

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